Two reports in a week show the UK has the cheapest petrol in Europe - before
tax, and the dearest after, leaving no one in any doubt as to who is the
perpetrator of this highway robbery (as if anyone was). Makes the 'dump the
pump' campaign a little unfair in targetting its one oil company, it's a
failure anyway. One filling station in south Wales is now charging
99.9pence per litre.
PaulH.
----- Original Message -----
From: <Duinhoven_Hans@emc.com>
To: <paul.hunt1@virgin.net>; <mgbob@juno.com>
Cc: <mgs@autox.team.net>
Sent: Wednesday, September 06, 2000 9:52 PM
Subject: RE: Why does oil cost so much in the UK? (non lbc)
> Confused?
> Here's the next episode of this soap: the European Commision has started
an
> investigation to the differences in the fuel prices within the EC BEFORE
> TAXES.
> The current situation looks like to Dutch have the highest price
overthere.
> Comes out UK still has the highest prices overall due to the extreme
taxes.
> Comes of course they can't shop abroad that easily as the guys on the
> continent can do.
>
> Cheers,
>
> Hans -
>
> '71 BGT with license plates now!
>
> -----Original Message-----
> From: paul.hunt1@virgin.net [mailto:paul.hunt1@virgin.net]
> Sent: dinsdag 5 september 2000 21:14
> To: Bob Howard
> Cc: MGS Digest
> Subject: Re: Why does oil cost so much in the UK? (non lbc)
>
>
> Bob - sounds like it's from the same madhouse as UK VAT. Imagine the
grower
> of trees sold for wood-pulp. Now he has to pay VAT on everything he buys
to
> grow, harvest and ship the trees to the pulper, he also charges VAT on the
> trunks he sells to the pulper. However as a business he can claim back
all
> the VAT he has paid, minus the VAT he has received. The pulper does
exactly
> the same in making rolls of paper that he sells to a paper-bag
manufacturer.
> And the paper-bag manufacturer does the same thing in selling his products
> to the wholesaler, and the wholesaler to the retailer. However the
> retailer, who gives the paper bags away with the produce, can claim back
all
> the VAT he has paid, but since the bags are given away free no VAT is
> charged to the consumer. So the VAT Man gets nothing, but everyone in the
> chain has to make all these calculations and submissions.
>
> PaulH.
>
> ----- Original Message -----
> From: Bob Howard <mgbob@juno.com>
> To: <paul.hunt1@virgin.net>
> Sent: Friday, September 01, 2000 8:58 PM
> Subject: Re: Why does oil cost so much in the UK? (non lbc)
>
>
> > Paul,
> > That the state tax is a separate tax is a good question, one for which
> > I do not know the answer. My business is in Connecticut, and I prepare
> > the sales/use tax return each quarter.
> > The state's rules are very clear that one may not include the tax in
> > the price, that it must always be calculated separately and then added
> > in.
> > To annoy one further, cable television providers are taxed by the
> > Federal government. They show that tax on a line under their charges.
> > Connecticut then applies its tax to the total of the service plus
Federal
> > tax.
> > Were one to purchase goods out of this state, as in mail-order
> > merchandise, one is required to calculate the tax due to Connecticut at
> > its six per cent rate, then subtract any tax paid to the other state,
and
> > remit the balance to Connecticut.
> > One remembers the Beatles "Taxman."
> > Bob
> >
> >
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